In this session we will explore a brief history of the world economy up to the end of the Bretton Woods system of fixed exchange rates in the early 1970s.
Required Readings
Chapters 3-5 (pp. 43-95) in O’Brien and Williams
Chapter 7 in Ravenhill
Jeffry Frieden, “The dynamics of international monetary systems: international and domestic factors in the rise, reign and eventual demise of the classical gold standard”, in B. Eichengreen (ed) Gold Standard in Theory and History (London: Routledge, 1997), pp. 207-227 (available as an online resource through the ANU library catalogue).
Recommended Readings
Chapters 2 and 3 of Chang
Barry Eichengreen, “The Bretton Woods system: Paradise lost?”, in B. Eichengreen (ed) Gold Standard in Theory and History (London: Routledge, 1997), pp. 313-328 (available as an online resource through the ANU library catalogue).
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